http://www.chrisperruna.com/2007/02/26/general-market-update/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.chrisperruna.com/2007/02/26/general-market-update/comment-page-1/#comment-1108 chrisperruna.com » Blog Archive » Indicators and Research Save me Money Wed, 28 Feb 2007 14:13:59 +0000 http://www.chrisperruna.com/2007/02/26/general-market-update/#comment-1108 [...] After writing my general market update thread on Monday which stemmed from my in-depth analysis for MSW members over the weekend, I decided to write this on the MSW Daily Screen Monday night after performing my research (2/26/07): “I am only listing ticker symbols with brief analysis tonight because the market is looking weak. I ran multiple fundamental scans that turned up about 170 stocks but after doing technical analysis, I could barely come up with ten ideal stocks. Take this as another signal that the market may be near a top. I will stress once again that the trend is still higher but some minor flags are starting to creep into my research. This will be an interesting week to watch as I look to close another existing position now that it has hit its target and scan for new opportunities. I will not hesitate to short stocks in the portfolio if a trend reversal becomes obvious.” [...] [...] After writing my general market update thread on Monday which stemmed from my in-depth analysis for MSW members over the weekend, I decided to write this on the MSW Daily Screen Monday night after performing my research (2/26/07): “I am only listing ticker symbols with brief analysis tonight because the market is looking weak. I ran multiple fundamental scans that turned up about 170 stocks but after doing technical analysis, I could barely come up with ten ideal stocks. Take this as another signal that the market may be near a top. I will stress once again that the trend is still higher but some minor flags are starting to creep into my research. This will be an interesting week to watch as I look to close another existing position now that it has hit its target and scan for new opportunities. I will not hesitate to short stocks in the portfolio if a trend reversal becomes obvious.” [...]

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